Itron (ITRI): Evaluating Valuation After Recent Shift in Share Price Momentum
Itron (ITRI) shares have attracted some attention lately as investors try to make sense of its recent stock moves and performance. With the company’s stock up 2% over the past month, questions about its valuation are surfacing again.
See our latest analysis for Itron.
Itron’s momentum has cooled a bit after a strong start to the year, with a recent pullback as its 1-week share price return stands at -3%. Yet the year-to-date gain of 12.6% underscores solid long-term strength. The bigger picture is even more compelling: Itron’s total shareholder return reaches 11% over the last year and an impressive 177% over three years. This suggests that recent price moves may just be part of a healthy pause within a strong uptrend.
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